Find your monthly payment (EMI) for any loan by entering the amount, annual interest rate and term in years. This calculator uses the standard amortization formula that banks use, so the monthly figure it gives is the real repayment for a fixed-rate loan, whether that is a mortgage, car loan, or personal loan. Beyond the monthly payment, it shows you the total interest you will pay over the life of the loan and the total amount repaid, which is often the eye-opening number that helps you compare offers or decide on a term. Adjust any input to instantly see how a lower rate or shorter term changes the cost. All math runs locally in your browser.